How will your DSR affect your home loan amount?
Buying a big-ticket item such as a home or piece of property is always a daunting journey.
Buying a big-ticket item such as a home or piece of property is always a daunting journey.
KUALA LUMPUR (March 30): Against the backdrop of low interest rates domestically and globally, there have been limited signs of credit-fuelled speculative investments in the housing market, according to Bank Negara Malaysia (BNM).
While some may not be familiar with refinancing, it is worth understanding the finance option, especially if you are a homeowner with a mortgage.
PETALING JAYA (March 23): HSBC Bank Malaysia and Kerjaya Property Sdn Bhd, a subsidiary of Kerjaya Prospek Property Bhd, have successfully completed their first green loan for a property developer.
KUALA LUMPUR (Feb 24): EdgeProp Malaysia has launched LoanReport, a home loan pre-approval tool, today.
KUALA LUMPUR (Oct 8): Banks have come up with a counter proposal to the government's interest waiver plan, and some banking sources say it has been submitted to the authorities.
KUALA LUMPUR (Sept 24): It is “imperative that short-term relief measures do not incur significant long-term damage to the economy”, emphasized Bank Negara Malaysia (BNM).
KUALA LUMPUR (Sept 14): Prime Minister Datuk Seri Ismail Sabri Yaakob (pictured) told the Dewan Rakyat today that the government is considering calls to compel lenders such as banks to waive interest fees on deferred loans to help ease the plight of the rakyat who are burdened by the Covid-19 pandemic.
KUALA LUMPUR (Sept 14): The Ministry of Finance (MoF) has instructed banking institutions to work on the exemption from interest payments for recipients of the bank loan moratorium immediately.
KUALA LUMPUR (Aug 13): Bank Negara Malaysia (BNM) governor Datuk Nor Shamsiah Mohd Yunus said today banks in the country will continue to offer the Covid-19 pandemic-driven targeted loan-repayment assistance to borrowers when the loan-repayment moratorium expires by the end of 2021.